ESPEN VANGEN HANDEL AS

6300 ÅNDALSNES

Finances

Share Ownership

Return on Equity

28,19 %

Current Ratio

1,22

Debt-to-Equity Ratio

0,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	67 742 000	69 713 000	70 016 000	65 202 000
Net Income	448 000	588 000	558 000	920 000
Total Assets	8 254 000	6 694 000	7 326 000	6 372 000
Total Equity	1 589 000	1 421 000	1 100 000	956 000

Income (NOK)	2022	2021	2020	2019
Revenue	67 742 000	69 713 000	70 016 000	65 202 000
Expenditure	67 153 000	68 949 000	69 296 000	64 034 000
Operating Profit	589 000	763 000	721 000	1 168 000
Financial Income	12 000	1 000	5 000	18 000
Financial Costs	19 000	0	1 000	1 000
Financial Balance	−7 000	1 000	4 000	17 000
Earnings Before Tax	582 000	764 000	725 000	1 185 000
Tax	133 000	176 000	167 000	265 000
Net Income	448 000	588 000	558 000	920 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	542 000	90 000	81 000	55 000
Total Current Assets	7 712 000	6 604 000	7 245 000	6 316 000
Total Assets	8 254 000	6 694 000	7 326 000	6 372 000
Total Retained Equity	1 089 000	921 000	600 000	456 000
Total Equity	1 589 000	1 421 000	1 100 000	956 000
Total Long-Term Debt	368 000	0	0	0
Total Current Debt	6 297 000	5 274 000	6 227 000	5 415 000
Total Equity and Debt	8 254 000	6 694 000	7 326 000	6 372 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	66 526 000	68 771 000	69 043 000	63 836 000
Other Income	1 216 000	942 000	973 000	1 366 000
Revenue	67 742 000	69 713 000	70 016 000	65 202 000
Cost of Goods Sold	56 215 000	58 267 000	58 993 000	54 086 000
Salary Costs	4 175 000	4 040 000	3 801 000	3 714 000
Depreciation	155 000	14 000	9 000	9 000
Impairment	0	0	0	0
Expenditure	67 153 000	68 949 000	69 296 000	64 034 000
Operating Profit	589 000	763 000	721 000	1 168 000
Financial Income	12 000	1 000	5 000	18 000
Financial Costs	19 000	0	1 000	1 000
Financial Balance	−7 000	1 000	4 000	17 000
Dividends	280 000	267 000	415 000	1 068 000
Net Income	448 000	588 000	558 000	920 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	24 000	8 000	12 000	9 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	519 000	82 000	70 000	46 000
Total Tangible Assets	519 000	82 000	70 000	46 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	542 000	90 000	81 000	55 000
Stock	5 422 000	4 609 000	4 108 000	4 231 000
Total Investments	0	0	0	0
Cash, Bank	1 640 000	1 194 000	2 390 000	1 468 000
Total Current Assets	7 712 000	6 604 000	7 245 000	6 316 000
Total Assets	8 254 000	6 694 000	7 326 000	6 372 000
Total Equity	1 589 000	1 421 000	1 100 000	956 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	368 000	0	0	0
Creditors	4 592 000	3 597 000	4 391 000	2 870 000
Unpaid Taxes	358 000	314 000	368 000	387 000
Dividends	280 000	267 000	415 000	1 068 000
Other Current Debt	918 000	924 000	882 000	819 000
Total Current Debt	6 297 000	5 274 000	6 227 000	5 415 000
Total Equity and Debt	8 254 000	6 694 000	7 326 000	6 372 000

Financial indicators	2022	2021	2020	2019
Return on Equity	28,19 %	41,38 %	50,73 %	96,23 %
Debt-to-Equity Ratio	0,23	0	0	0
Operating Profit Margin	0,87 %	1,09 %	1,03 %	1,79 %
Current Ratio	1,22	1,25	1,16	1,17
Quick Ratio	8,81	9,93	3,42	5,33
Equity Ratio	0,19	0,21	0,15	0,15
Gross Profit Margin	17,02 %	16,42 %	15,74 %	17,05 %